Pay As You Trade Business Finance

Finance Your Business up to £500,000 within 24 hours

Merchant Money offers a revolutionary Pay As You Trade (PAYT) product,
with adjustable repayments based only on future earnings,
and no fixed repayment term. Flexibility has never been this flexible,
it’s that simple!

Get Started

Complete the form below for a no-obligation pre-approval

About You

About Your Business

captcha


I have read and agree the terms of the privacy policy and consent to the use of my personal data as described.


Your data is safe and secure, we do not share with any 3rd parties without your consent


Benefits

  • 90% Approval rates
  • No security required
  • Easy re-advance process
  • No hidden costs
  • Flexible payment terms
  • Simple assessment process

Associations and Partners

asas_03
asadda_03
asdasdasd_03

How does it work?

money-white-circle
UPFRONT CASH ADVANCES
Based on your monthly card
transactions.
growth-white-circle
PAY AS YOU TRADE
We take an agreed % of all future card sales, big or small, until your advance is fully paid off.
trade-white-circle
FLEXIBLE PAYMENTS
When business is slow, you pay less. When it’s booming, you pay off your advance that much faster.

Our Pay As You Trade product is designed specifically for small businesses that accept credit or debit cards. We provide you with an upfront advance of up to 100% of your average monthly card turnover, to use in any way that your business needs. We agree a total amount that will be paid and an affordable percentage of your daily card takings, which will be deducted as payment until settled. It’s that simple!

The beauty of this product is that you repay at your own pace. Or to be precise, at the pace your business grows. Because repayments rise and fall with your sales, you’ll never need to worry about being short at the end of the month. And because there’s no fixed term to the repayments, there’s never really any pressure. With pay as you trade, there is no such thing as a missed payment. You pay only when you earn.

Do I Qualify?

4_03

I AM A BUSINESS OWNER

clock-min

I HAVE BEEN IN OPERATION FOR
MORE THAN 6 MONTHS

card-min

I HAVE A MONTHLY AVERAGE OF OVER £3,500 IN CARD SALES

What our clients are saying

Frequently Asked Questions

How do I qualify for a Pay As You Trade (PAYT)?
  • We welcome your application if you accept cards and can prove a minimum of £3,000 in card transactions per month.
  • Ideally, you will have been in business for more than 6 months.  We don’t cover start-ups.
  • Our aim is to fund small businesses, so we like to be as flexible as we can in approving applications.
What interest and other costs do I pay on the advance?
  • No interest.
  • One straightforward cost is agreed upfront.
  • No application fees, admin charges or hidden extras.
What are the advantages of a PAYT over a regular bank loan?
  • No fixed repayments and no late fees.
  • You pay only when you sell.
  • When monthly sales are down, the repayment falls in tandem.
  • Single, transparent, pre-agreed cost – no interest or complicated repayment calculations.
  • Simple application process.
  • 90% approval rate.
  • 24 hours approval. Funds in your account within days.
How much can apply for?

Apply instantly for advances between £1,000 and £500,000.

Do I have to provide security for the advance?

No.

How much will it cost?

Simple pre-agreed cost will be based on your business profile and ability to repay.

Is the period for paying back fixed?
  • This is down to how your business performs. The higher your sales the quicker the payback; and vice versa.
  • Compared with a other business loans our interest rates are competitive.
  • We discuss options with you, and agree on the interest that will apply.
  • After that you’re in control of the payback period.
Can I repay early?
  • Yes. With an PAYT, one straightforward cost is agreed upfront.
  • Though repayments are tied to earnings to make things as easy and convenient as possible for you, you may settle whenever you wish.
  • No additional fee will be charged for early repayment.
Do you control how I spend the money?
  • No. Use it however you wish.
  • It could be that you need fast funds for procuring stock at a discount, expanding production, or hiring new talent. You know best, so we don’t judge.
Why do I need a card terminal?
  • The Pay As You Trade is based on your future credit and debit card sales.  
  • The advance is repaid via a small pre-agreed percentage of your monthly card sales, debitted through your card terminal.
  • Repayments only take effect through card sales, so you keep 100% of your cash sales.
Which card terminal providers do you work with?

We have relationships with all major merchants, and work with all terminal providers.

Can I get ongoing finance for my business?
  • Most certainly.
  • Merchant Money processes are flexible, making it easy for you to apply for additional funding.
Still have questions?
Speak to one of our online consultants
or call us on 0800 848 8480